Mexico fact of the day

This is what happens when your country doesn't have a sufficiently well-developed middle class:

The country’s Federal Competition Commission is looking into Mr. [Carlos] Slim’s
companies. But the agency is outspent and outmanned by Mr. Slim. His
companies “spend more on a single case than our entire annual budget,”
said an official at the commission, who insisted on anonymity because
he was not authorized to speak publicly about agency matters.

Here is the full story.

Comments

Comments for this post are closed